Tata Motors Limited
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TATA MOTORS LIMITED Tata Motors Limited is India’s largest automobile company, with revenues of Rs.24,000 crores (US$ 5.5 billion) in 2005-06. It is the leader in commercial vehicles in each segment, and the second largest in the passenger vehicles market with winning products in the compact, midsize car and utility vehicle segments.The company is the world’s fifth largest medium and heavy commercial vehicle manufacturer, and the world’s second largest medium and heavy bus manufacturer. The company’s 22,000 employees are guided by the vision to be “best in the manner in which we operate, best in the products we deliver, and best in our value system and ethics.” The company also has a strong auto finance Established in 1945,Tata Motors’ presence indeed operation,Tata Motor Finance, for supporting cuts across the length and breadth of India. Over customers to purchase Tata Motors vehicles. 3.5 million Tata vehicles ply on Indian roads, since Tata Motors, the first company from India’s engineering sector to be listed in the New York Stock Exchange (September 2004), has also emerged as an international automobile company. In 2004, it acquired the Daewoo Commercial Vehicles Company, Korea’s second largest truck Tata Novus the first rolled out in 1954. The company’s manufacturing base is spread across Jamshedpur, Pune and Lucknow, supported by a nation-wide dealership, sales, services and spare parts network comprising about 1,200 touchpoints. maker.The rechristened Tata Daewoo Commercial and scientists, the company’s Engineering Research Vehicles Company has already begun to launch new Centre, established in 1966, has enabled pioneering products. In 2005,Tata Motors acquired a 21% technologies and products.The company today has R&D centres in Pune, Jamshedpur, Lucknow, in India, and in South Korea, Spain, and the UK. It was Tata Motors, which developed the first indigenously developed Light Commercial Vehicle, India’s first Sports Utility Vehicle and, in 1998, the Tata Indica, India’s first fully indigenous passenger car.Within Tata SFC 407 EX stake in Hispano Carrocera, a reputed Spanish bus and coach manufacturer, with an option to acquire the remaining stake as well. Hispano’s presence Tata Indica V2 Turbo is being expanded in other markets. In 2006, it has formed a joint venture with the Brazil-based Marcopolo, a global leader in body-building for buses and coaches, to manufacture and assemble fully-built buses and coaches. Tata Motors’ is also expanding its international footprint, established through exports since 1961. Tata Safari Dicor The company’s commercial and passenger vehicles are already being marketed in several countries two years of launch,Tata Indica became India’s in Europe,Africa, the Middle East,Australia, South largest selling car in its segment. East Asia and South Asia. It has assembly operations in Malaysia, Kenya, Bangladesh, Spain, Ukraine, The pace of new product development has Russia and Senegal. quickened. In 2005,Tata Motors created a new segment by launching the Tata Ace, India’s first The foundation of the company’s growth over the indigenously developed mini-truck. last 50 years is a deep understanding of economic stimuli and customer needs, and the ability Tata Ace to translate them into customer-desired offerings through leading edge R&D.With 1,400 engineers 144 Tata Indigo SX Starbus Low Floor 44 The years to come will see the introduction of several other innovative vehicles, all rooted Tata Indigo Marina in emerging customer needs. Besides product development, R&D is also focussing on environment- Tata Sumo Victa friendly technologies in emissions and alternative fuels. Through its subsidiaries, the company is engaged in engineering and automotive solutions, construction equipment manufacturing, automotive vehicle components manufacturing and supply chain activities, machine tools and factory automation solutions, high-precision tooling and plastic and electronic components for automotive and computer applications, and automotive retailing and service operations. True to the tradition of the Tata Group,Tata Motors is committed in letter and spirit to Corporate Social Responsibility. It is a signatory Tata LPS 4018 EX to the United Nations Global Compact, and is engaged in community and social initiatives on labour and environment standards in compliance with the principles of the Global Compact. In accordance with this, it plays an active role in community development, serving rural communities adjacent to its manufacturing locations. With the foundation of its rich heritage,Tata Motors today is etching a refulgent future. www.tatamotors.com 145.